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home / news releases / BTEGF - Baytex Energy: 2022 Projected Positive Cash Flow Increases To More Than $700 Million

BTEGF - Baytex Energy: 2022 Projected Positive Cash Flow Increases To More Than $700 Million

Baytex Energy Corp
  • Baytex is now projected to generate over US$700 million in positive cash flow at current 2022 strip of high-$90s WTI oil.
  • It may also be able to average US$640 million per year in positive cash flow from 2023 to 2025 at $75 WTI oil, helped by few hedges.
  • Baytex is targeting US$630 million in net debt to further increase shareholder returns and should hit this target by the end of 2022 now.
  • Thus it may institute a dividend starting in 2023.

For further details see:

Baytex Energy: 2022 Projected Positive Cash Flow Increases To More Than $700 Million
Stock Information
Company Name: Baytex Energy Corp
Stock Symbol: BTEGF
Market: OTC
Website: baytexenergy.com
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